TQQQ

Rolled the October 26, 57 calls to November 2, 58 calls for a credit of .17 cents. I get a credit and an extra point in my strike price. These are against my 2021, 60 calls.

TRADES:

TWLO STO 10/19/18 71.0 PUTS @.90 Price now at 71.76. Wouldn’t mind being assigned.

ISRG Earnings

#Earnings Sold $ISRG Oct 19th 490/565 strangles for 5.25. My strikes are -6.7% and +7.6% OTM.

I’m skipping the $SKX straddle… I think the stock is too low already to drop far enough, and I don’t see it blasting higher in this market. Watch me be wrong in 10 minutes!

#shortstock BNS sold short 100…

#shortstock BNS EWG
sold short 100 shares of the Bank of Nova Scotia for 54.52, 2nd time in this ticker.
sold short 100 shares of a Germany ETF for 27.68

UVXY

Filled near the highs: Sold $UVXY Jan 2020 112 call for 14.50.
#VXXGame

REGN

#ShortCalls #BullPutSpreads – Selling against ITM put spreads. Closing it now since this thing could be up 30 tomorrow….you never know.

Bought REGN OCT 19 2018 415.0 Calls @ .12 (sold for 1.65)

Sold REGN OCT 26 2018 415.0 Call @ 1.40

TNA

#LongCalls #LEAPS – I’ll be out all day tomorrow so have to take care of some of this earlier than I wanted to. But….this was still a fat finger trade on the buy. 😦 😦

Bought to Close TNA OCT 19 2018 70.0 Calls @ .63 (sold for 1.68)

Sold TNA OCT 26 2018 70.0 Calls @ 1.97

ADS

#Shortputs #IRA – Another one bouncing nicely after earnings. Got a decent fill so booking it. Plenty of cash freed up now for other opportunities…

Bought to Close ADS JAN 18 2019 180.0 Put @ 1.90 (sold for 5.30)

T

#ShortPuts #IRA – This is one I’ve been debating about. Since last two earnings haven’t gone all that great I’ve decided to book it since it’s a slightly larger position than I normally do. Maybe they can disappoint again and I can re-sell.

Bought to Close T JAN 18 2019 30.0 Put @ .53 (sold for 1.59)

PM

#ShortPuts #IRA – Nice earnings bounce running up to resistance. Gotta book it and see who the next earnings implosion will be.

Bought to Close PM DEC 21 2018 75.0 Put @ .46 (sold for 2.60)
Bought to Close PM JAN 18 2019 75.0 Put @ .72 (sold for 2.87)

TQQQ

Rolled the October 26, 65 calls to November 2, 66 calls for a credit of .16 cents. These are against my January 2021, 60 calls.

TQQQ

rolled my 66.5 calls from October 26 to November 2, 67 calls for a credit of .17 cents. I like to roll if I can get a better strike price and premium.

AXP Earnings Analysis

#Earnings $AXP reports after the bell. Below are details on earnings 1-day moves over the last 12 quarters.

July 18, 2018 AC -2.72%
April 18, 2018 AC 7.58%
Jan. 18, 2018 AC -1.83%
Oct. 18, 2017 AC -0.19%
July 19, 2017 AC -0.67%
April 19, 2017 AC 5.91%
Jan. 19, 2017 AC -0.63%
Oct. 19, 2016 AC 9.02% (Biggest UP)
July 20, 2016 AC -1.62%
April 20, 2016 AC 0.90%
Jan. 21, 2016 AC -12.10% (Biggest DOWN)
Oct. 21, 2015 AC -5.24%

Avg + or – 4.03%
Bias -0.13%, so really no significant bias up or down.

With stock at 102.70, the data suggests these ranges.
Based on current IV (expected move per TOS): 98.76 to 106.64
Based on AVERAGE move over last 12 quarters: 98.56 to 106.84
Based on MAXIMUM move over last 12 Q’s (12.1%): 90.27 to 115.13

#calendar, #doublecalendar

What are you guys doing?!…

What are you guys doing?! I go mt bike for 2 hours and the market is melting down again.

#rolling and adjusting. Everything hedged so not too bad on paper, still waiting for a ton of short options to decay but the volatility is keeping the prices up. Good for when I can roll.

/CL I had a stop loss on the strangle and it must have triggered early in the morning when oil was down 2. Lost $750 as it closed at 0.87. Re-entered 57 DTE strangle but went wider, delta 4s and sold the 55/86 strangle at 0.28.

LNG lot 1 66 cc rolled out 22 DTE for 1.25. Cb now 61.28
LNG lot 2 66 CC rolled out 22 DTE for 1.24 credit. Cb 62.39

#fuzzy
XBI 87/95 2019 LEAP rolled out to 43 DTE for 0.28 credit. Cb now 4.05.

Sitting on my hands for another 1-3 weeks, then big expirations which should free up a lot of cash. Hopefully things stay on sale:)

Hope everyone is doing well and making some $ on the volatility.

#jadelizard DOCU tastyTrade idea sold…

#jadelizard DOCU

tastyTrade idea sold Dec. 21 35/49/50 for 1.58. Short 35 put, short 49 call, long 50 call

WYNN

#LongCalls #LEAPS – I’ll wait for a confirmation of the earnings date before the next sale…

Bought to Close WYNN OCT 19 2018 123.0 Calls @ .05 (sold for 1.07)

TRADES:

TWLO STO 10/19/18 69.0 PUTS @1.05
TWLO STO 10/19/18 72.5 CALLS @.85 Will buy stock to cover if necessary. Tanked recently.

This one goes to eleven

#LongLEAPs Bought $TQQQ Jan 2020 66.67 call for 11.00, adding to my position. I forgot to sell short-term calls on Tuesday’s rally, but that’s the plan!

TNA

#ShortPuts #IRA – Adding to a Jan ladder….

Sold TNA JAN 18 2019 55.0 Put @ 2.50

#philosophy question WYNN I am…

#philosophy question WYNN

I am wondering what the gang thinks of this situation;

August 8 I was assigned 100 shares of WYNN at 165 from a put spread. My cost basis is 141, the price of the stock is 116 right now. I’ve been selling covered calls and will be at it awhile unless..
Does it make sense to sell the shares and free up the capital? I could sell puts to work back to even, same risk profile but only need about $2,000 in margin.
Earnings are soon as is a .75 dividend so wouldn’t do anything right away.

Thanks

#fuzzy

SKX Earnings Analysis

#Earnings $SKX reports after the bell. Below are details on earnings 1-day moves over the last 12 quarters.

July 19, 2018 AC -20.99%
April 19, 2018 AC -27.04%
Feb. 8, 2018 AC 7.54%
Oct. 19, 2017 AC 41.44% (Biggest UP)
July 20, 2017 AC 0.67%
April 20, 2017 AC -2.56%
Feb. 9, 2017 AC 19.32%
Oct. 20, 2016 AC -17.26%
July 21, 2016 AC -22.34%
April 21, 2016 AC 6.26%
Feb. 10, 2016 AC 3.93%
Oct. 22, 2015 AC -31.50% (Biggest DOWN)

Avg + or – 16.74%
Bias -3.54%, a negative bias on earnings

With stock at 26.50, the data suggests these ranges.
Based on current IV (expected move per TOS): 22.70 to 30.30
Based on AVERAGE move over last 12 quarters: 22.06 to 30.94
Based on MAXIMUM move over last 12 Q’s: 15.52 to 37.48

UVXY

#LongPuts #LEAPS – Selling shorter term calls against shorter term puts which were sold against long LEAP puts….whew! Since I’d like to see UVXY hold it’s head up as long as possible (is a year too much to ask? 🙂 ) I’ll be selling against recent highs.

Sold UVXY OCT 26 2018 60.0 Call @ 2.00
Sold UVXY NOV 16 2018 70.0 Call @ 3.40

ISRG Earnings Analysis

#Earnings $ISRG reports after the bell. Below are details on earnings 1-day moves over the last 12 quarters.

July 19, 2018 AC -0.86%
April 17, 2018 AC 8.17% (Biggest UP)
Jan. 25, 2018 AC -2.12%
Oct. 19, 2017 AC 3.39%
July 20, 2017 AC -4.55%
April 18, 2017 AC 6.36%
Jan. 24, 2017 AC 5.09%
Oct. 18, 2016 AC -5.56% (Biggest DOWN)
July 19, 2016 AC 4.63%
April 19, 2016 AC 3.34%
Jan. 21, 2016 AC 1.89%
Oct. 20, 2015 AC 5.58%

Avg + or – 4.30%
Bias +2.11%, an upside bias on earning

With stock at 542.00, the data suggests these ranges.
Based on current IV (expected move per TOS): 510.43 to 573.57
Based on AVERAGE move over last 12 quarters: 518.72 to 565.28
Based on MAXIMUM move over last 12 Q’s: 497.72 to 586.28

Ticks nix my VIX pick

#LongPuts I still got two weeks left on my long $VIX Oct 30th 16 puts. But market isn’t cooperating yet, so I want to add to the probability that I’ll catch the drop.

Bought to Open $VIX Nov 20th 16 puts for 1.10.

GPC done and done

#PreEarnings Sold to close $GPC Oct 19th 100 calls for .25. Bought for 1.28, avg price.

UVXY

#VXXGame Highest Strikes
Sold $UVXY Dec 21st 112 call for 3.10 (yesterday)
Sold $UVXY March 112 call for 5.25 (today)